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Artificial Intelligence in Sports Market 2022 Strategic Assessment- SAS Institute Inc., Opta Sports (Perform Group), Sportsradar AG, Catapult Group International Ltd, IBM Corporation

02-21-2022 01:05 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Market Insights Reports

The Artificial Intelligencein Sports Market provides a unique tool for evaluating the market highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets capacities and on the changing structure of the Artificial Intelligencein Sports Market forecast 2026.

The Artificial Intelligence Market in Sports market is expected to grow at a CAGR of 28.72% during the forecast period 2021 - 2026.       

Click the link to get a Sample Copy of the Report:

https://www.marketinsightsreports.com/reports/02082592766/artificial-intelligence-market-in-sports-growth-trends-covid-19-impact-and-forecasts-2021-2026/inquiry?Mode=Iris

The Artificial Intelligencein Sports market is highly competitive and consists of a number of major players. Companies like SAS Institute Inc., Opta Sports (Perform Group), Sportsradar AG, Catapult Group International Ltd, IBM Corporation, SAP SE, SAS Institute Inc., Trumedia Networks, Salesforce.com Inc. (Tableau Software Inc.) Amongst Others.

Key Developments:

- July 2019 - STATS and Perform completed their merger creating the leading sports company in artificial intelligence (AI) and data, to operate under the new name Stats Perform. The partnership is expected to provide deeper, more robust data and insights essential to a growing portfolio of global partners.
- March 2019 - STATS, announced the launch of AutoSTATS, the first artificial intelligence (AI) and computer vision technology that delivers comprehensive player-tracking data through any broadcast.

Key Market Trends:

Fan Engagement is Emerging as a Major Area of Application
- Fans today are much more than just consumers. They want to participate, analyze, critique, fantasize, and connect with their favorite team members and teams in real-time. They are becoming true brand partners in this era of leagues. Understanding and leveraging this new relationship is vitally important for the clubs.
- The season ticket holders contribute the largest share to any clubs revenue. This has made these customers a top priority by any measure. However, clubs and ticket vendors find themselves increasingly competing with the at-home experience as they try to attract more fans to the stadium. Data and analytics provide insights into fan preferences. Through micro-segmentation, AI can help teams offer promotional coupons to specific fans.
- Further, modern fans are Social Sports Fans. Social media sites are empowering fans more than ever before, giving them access to players, coaches, and owners. This has resulted in fans sometimes even expecting to influence team decisions. Leveraging interests like this, Globo TV of Brazil used social media and digital technology to boost fan engagement through a mobile app developed in collaboration with IBM for use during the World Cup.

Browse the Full report description and TOC at:

https://www.marketinsightsreports.com/reports/02082592766/artificial-intelligence-market-in-sports-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=Iris                

What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools:  Artificial Intelligencein Sports Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Frequently asked questions by our customers:

-What are the drivers governing the growth of the market?

-What is the annual growth rate of the Artificial Intelligencein Sports market?

-What is the impact of Covid-19 on the market?

Finally, Artificial Intelligencein Sports Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principal locale, economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

Contact Us:
Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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